USD JPY Technical Analysis January 3, 2023
The USD declined 0.20% against the JPY on Tuesday and closed at 130.64. Today in the European session, while the USD JPY Technical Analysis January 3, 2023, is prepared at 5:00 GMT, the USD/JPY is trading at 130.43, which is 0.16% lower than JPY from yesterday’s close.
The pair is expected to find support at 129.50. And a fall-through could take it to the next support level of 128.00 The pair is expected to find its first resistance at 130.90, and a rise through could take it to the next resistance level of 131.35. Today’s expected trading range is between 126.50 support and 132.30 resistance.
The expected trend for today is Bullish
Important support levels:
Support 1: 129.50
Support 2: 128.00
Support 3: 126.50
Important resistance levels:
Resistance 1: 130.00
Resistance 2: 131.35
Resistance 3: 132.30
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